StockWatch
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Power Generation
Deals30 Oct 2026, 05:30 pm

Waaree Renewable Secures 200 MW/500MWh BESS EPC Order

AI Summary

Waaree Renewable Technologies Limited has received a Letter of Award (LOA) for the Engineering, Procurement, and Construction (EPC) of a Battery Energy Storage Project (BESS) with a capacity of 200 MW / 500MWh. The order was awarded by a leading Independent Power Producer (IPP) company. The project is slated for completion during the financial year 2027-28. The company received the LOA on October 30, 2026. This significant award underscores Waaree Renewable's growing presence in the energy storage sector.

Key Highlights

  • Received LOA for 200 MW / 500MWh Battery Energy Storage Project (BESS).
  • EPC works to be executed for a leading Independent Power Producer (IPP).
  • Project scheduled for completion in FY 2027-28.
  • LOA received on October 30, 2026.
  • No promoter or group company interest in the awarding entity.